Definition
What is Verification phase?
The verification phase is the second stage of a multi-step evaluation, with a lower profit target, that confirms the first phase was not a one-off.
In a two-step challenge, passing phase 1 is not the end. Phase 2, the verification, asks you to repeat the performance with a smaller target under the same loss limits.
The lower target and usually longer time limit make it the easier half, but many traders fail it by changing their approach: trading bigger to finish quickly or trading less carefully because the hard part feels done.
Treat it exactly like phase 1: the same risk per trade, the same daily stop and the same instruments.
Example
Example: on a $10,000 account with a 5% verification target, you need $500 of closed profit. At 0.5% risk per trade and a 1:2 risk-reward ratio, that is about five net winning trades.
At a prop firm
On the Axora Funded 2-Step the verification target is 5%, with at least 5 trading days and up to 60 days. Ascent adds a third step, the confirmation, with a 6% target like the first two.
Frequently asked questions
Do the loss limits reset in phase 2?
Yes. The verification starts as a new account with the same initial balance and the same loss limits.
Is the verification phase paid separately?
No. At Axora Funded it is included in the price of the 2-Step and is issued automatically after phase 1.